By Joey Klender Posted on June 16, 2023 Tesla’s camo-covered Cybertruck continues to be seen around Palo Alto, California, as rumors of imminent initial production swirl throughout. Earlier this week, we reported on a camo-covered Tesla Cybertruck being spotted in Palo Alto, hinting toward an imminent initial production phase at Gigafactory Texas, where the pickup …
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By Maria Merano Posted on June 16, 2023 Tesla China’s goal to increase Gigafactory Shanghai’s production capacity by 450,000 units hit a snag recently. Tesla has plans to develop 172 acres of former farmland surrounding Giga Shanghai to increase its electric vehicle production up to 450,000 annually in China. As of this writing, the 172 …
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By Joey Klender Posted on June 15, 2023 Tesla (NASDAQ: TSLA) had its 13-day winning streak snapped at market close yesterday, but the automaker managed to add more than $200 billion in value over the period. Meanwhile, short sellers are feeling a more than $12 billion burn on the year, $5 billion of which has …
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